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Market players are inclining towards automation at diverse stages in the welding process. Technological advancements such as use of computer assisted welding techniques and welding robots are changing modern day welding landscape. These developments are expected to spur growth in the global market.

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Welding contributes to the accomplishment of various tasks across several key industries, including aircraft manufacturing, shipbuilding, defense, and construction. Welding plays a significant role in extending life and repair of manufactured products.

While there are several technological advancements that are improving the end product, the welding market along with other manufacturing facilities are anticipated to be benefited by the advent of the “Internet of Things”.  It has allowed a manufacturer to make its operational processes leaner and has helped in speeding up the existing processes to reduce waste.

FMI’s report on the market provides a comprehensive overview, addressing key market dynamics. Some of the takeaways from the report are as follows:

• The global welding consumable market is estimated to be valued at US$ 26.82 Bn towards 2030 end
• Europe spearheads the global market backed by rising demand from the energy sector
• East Asia has emerged as a highly attractive welding consumables market backed by rising investment in infrastructural development and presence of a strong industrial base in China, Japan, and South Korea
• Stick electrodes remain the frontrunner in the consumables category over the forecast period.
• Arc welding type will reflect lucrative growth prospects during 2020-2030.
• Construction end use segment is projected to hold maximum sway in the market.

“End users across industries are partnering with key companies to experiment and obtain product that best suits their requirements. Companies are focusing on improving product lines to cater different types of welding technologies and therefore different applications and end use industries.,” said a lead analyst at FMI.  

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Market Key Player:

Companies operating in the market are focusing on improving their technological strength to stay ahead of the competition in the market. Players are fortifying their market position in regional markets by partnering with end use sector to comprehend and offer what they necessitate. Efforts are made to improve production to cater domestic demand in addition to export products to enhance profitability and market share.

For instance, Voestalpine Böhler has acquired Selco s.r.l., a prominent welding machine producer in Italy. The company is aiming to become a full welding solutions provider in the welding sector and fortify its market position.  It will also offer a seamlessly coordinated combination of welding machines and welding consumables.

Major companies identified in the global market include Colfax Corporation, Voestalpine AG, Kobe Steel Limited,  Illinois Tool Works Inc, Linde Plc,  Taiyo Nippon Sanso Corporation, Air Liquide S.A., Air Products and Chemicals Inc., MESSER Group GmbH, Hyundai Welding Co Ltd., EWM AG, Ador Welding Limited, WB Alloy Welding Products Limited, FSH Welding Group, GCE Group and Industrial Welding Corporation.

To Know More About Welding Consumables Market:

A new market research report published by Future Market Insights (FMI) on the global Welding Consumables market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the welding consumables market through three different segments – product type, welding type, end use and region. The market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the supply of welding consumables and product adoption across several end-use industries.

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By Segment:

Consumables

• Stick Electrodes
  • Mild steel
  • Stainless steel
  • Low Alloy
  • Nickel
  • Aluminium
  • Others
• Gases
• Strip Cladding Electrodes
• Submerged Arc wires and Fluxes
• Wires
  • Metal cored wires
  • MIG/MAG wires
  • Flux Cored wires
• Others

Welding Type

• Arc Welding
  • Sheild Metal Arc welding
  • Gas Metal Arc welding
  • Flux Cored Arc welding
  • Gas Tungsten Arc Welding
• Energy Beam welding
• Plasma Arc Welding
• Submerged Arc welding
• Electro Slag Welding
• Resistance welding
• Others

End Use

• Automotive
• Construction
• Oil and Gas
• Marine
• Power Generation
• Aerospace and Defence
• Industrial Fabrication
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia & Pacific
• MEA

Toothbrushes are designed to remove dental plaque without damaging the hard and soft tissues of the teeth and gums. Toothbrushes have been continuously evolving since their inception and promoting dental health.

In the modern days, toothbrushes are better equipped with technology that makes them more efficient. The world is considering the usage of electric toothbrushes for efficient dental care and there is one advanced product which is disposable electric toothbrush. The development of gingivitis is a primary concern as it results in the formation of plaque. Disposable electric toothbrush is more beneficial as compared to manual brushes as it is integrated with superior technologies, such as rotation oscillation or sonic, to remove plaque. The ease of use of disposable electric toothbrush also makes it a smarter choice over manual toothbrushes despite its higher price. Health-conscious people prefer disposable electric toothbrush over a regular toothbrush. Moreover, people suffering from arthritis or similar medical conditions find it less painful. The hi-tech features of an electric toothbrush include several brushing modes that are specialized for whitening, sensitive teeth, etc., pressure signals when brushing too hard, digital reminders for replacing brush heads, etc.

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Disposable Electric Toothbrushes Market: Market Dynamics

Increase in awareness about oral hygiene and periodontal diseases such as plaque build-up to increase the life of the teeth are among factors driving the global disposable electric toothbrush market. Growing oral health concerns among senior citizens, patients, and children owing to periodontal diseases are promoting the usage of oral hygiene products, which is generating high demand for disposable electric toothbrushes. According to Centers for Disease Control and Prevention (CDC), 50% of Americans aged 30 years and above suffer from a periodontal disease, which is approximately 64.7 million people. As a result, increasing awareness about the advantages of disposable electric toothbrushes is driving the disposable electric toothbrushes market.

Innovation and technological advancements are also contributing to the growth of the global disposable electric toothbrush market. Manufacturers of disposable electric toothbrush are focusing on the designing of innovative products. The use of sonic and ultrasonic technology for the manufacturing of electric toothbrushes is driving the market. Moreover, disposable electric toothbrushes are equipped with batteries which and indicators which provide reminders about the disposing of toothbrushes.

There is a rising customer preference for advanced oral hygiene product and rise in the disposable income of the middle-class population across the globe has led to changing customer approach towards the treatment of dental disorders. Customer preference has become a major focus for companies operating in the oral hygiene products market. Hence, companies are focusing on launching innovative advanced oral care products in the market such as electric toothbrushes, disposable electric toothbrushes, dental creams, dental floss, fresh breath strips, and other products.

One restraint which may hamper the growth of disposable electric toothbrush is, it high cost as compared to manual toothbrushes. Manual toothbrushes are priced lower than disposable electric toothbrushes. In addition, the prices of disposable electric toothbrushes range from approximately US$ 15 to US$ 25. Finding the right disposable electric toothbrush is not an easy task as there are very limited players in market. On the other hand, manual toothbrushes are cost-effective. They usually cost US$ 1 to US$ 3.

Disposable Electric Toothbrushes Market: Regional Outlook

Consumers from all the geographies are shifting towards the advanced technological products and due to which there will be a healthy growth of disposable electric toothbrushes market.

The disposable electric toothbrush market is expected to register a healthy growth across all the geographies during the forecast period. The health and hygiene and wellness industries across the globe likely to push market for disposable electric toothbrush market. The East Asia represents a considerably high market share for disposable electric toothbrush, and the disposable electric toothbrush market is expected to grow at a significantly high growth rate due increasing awareness about the oral health. China and India’s developing market is expected to have a positive impact on the growth of the disposable electric toothbrush market.

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Disposable Electric Toothbrushes Market: Key Players

Some of the major players in the disposable electric toothbrushes market are Arm & Hammer, The Proctor and Gamble, Colgate Palmolive Company, and others.

The research report presents a comprehensive assessment of the Disposable Electric Toothbrushes market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for Disposable Electric Toothbrushes market. The research report of Disposable Electric Toothbrushes provides analysis and information according to market segments such as geographies, product type, nature, and application.

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Disposable Electric Toothbrushes Market: Segmentation

The disposable electric toothbrushes market is segmented into different parts based on the end user, sales channel and Geography.

Makeup remover pen quickly removes or corrects small makeup smudges, smears and mistakes without having to take off the rest of the whole makeup. There is an increase in the usage of makeup remover pen by the consumers due to its user friendly packaging when compared to other makeup remover products in the market. Makeup remover liquids are available in the market but the usage of makeup remover pen is to use as a corrector of the makeup rather than just to remove whole makeup.

Since, consumers are moving towards organic and natural products, few players are bringing the innovations in the products such as strength to remove waterproof makeups but also nourish skin with chamomile flower extract and Vitamin E.

Makeup remover pen market is gaining market share when compared to other makeup remover liquids and products available in the market owing to its convenience in usage and organic and natural ingredients used in the product.

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Makeup Remover Pen Market: Market Dynamics

Makeup remover pen market will show a healthy growth as across the beauty industry, most of the cosmetic brands are turning to pen-shaped applicators and solid stick formats to offer mess-free on-the-go solutions to help consumers quickly perfect their look. Pen shaped applicator for makeup is trending as compared to other formats due to its easy application process such as eyeliner, lip color, and many more.

Makeup remover pen is trending and gaining popularity due to its unique property of easy to correct the makeup when it comes to smudged eyeliner or lipstick. However, other makeup remover liquids are mostly used to remove the makeup rather to correct because those liquids are to be used with makeup remover pads. Shift towards the organic and natural products is also one of the driving factor of natural and organic makeup remover pen market. Moreover, consumers are shifting towards convenience products which can be used quickly and easily.

APAC region is experiencing growth in personal grooming and cosmetic market. Consumers in the region including men are ready to experiment different products which is further driving the demand for such products in the market.

Makeup Remover Pen Market: Regional Outlook

The makeup remover pen market is expected to register a healthy growth across all the geographies during the forecast period. The beauty and personal care products are growing across the globe and likely to push market for makeup remover pen. The emerging economies are expected to create significant demand for makeup remover pen as there is lucrative growth in the beauty care product in the industry. The South Asia and East Asia collectively represents a considerably high market growth for makeup remover pen, and the makeup remover pen market is expected to grow at a significantly high growth rate due to the increasing population and adoption of innovative products among youth. China and India’s developing market is expected to have a positive impact on the growth of the makeup remover pen market. North America is a growing market due to high per capita income and the consumers’ high expenditure on the beauty and personal care products which are likely to boost the makeup remover pen market.

Additionally, Middle East & Africa is projected to showcase steady growth in the global makeup remover pen market owing to the rise in the availability of big brands availability as well as increase in per capita spending.

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Makeup Remover Pen Market: Key Players

Some of the major players in the makeup remover pen market are Colorbar cosmetics pvt ltd, Maybelline Inc., Revlon, Lashfood Group, among others.

The research report presents a comprehensive assessment of the Makeup Remover Pen market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for Makeup Remover Pen market. The research report of Makeup Remover Pen provides analysis and information according to market segments such as geographies, product type, nature, and application.

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Makeup Remover Pen Market: Segmentation

The makeup remover pen market is segmented into different parts based on the nature, sales channel, end user and geography.

Posture Corrector is a device that is designed to limit the movement of the spine in case of progressive condition fracture. Posture corrector device retrains the back musculature to help users develop and maintain a healthier and upright position.

Posture corrector products are available in various designs, sizes to fit as per age, height, weight, and lifestyle. Posture corrector products are made from breathable and lightweight material and so the product does not irritate the skin.

Posture corrector products are often used for medical reasons, especially by patients that are suffering some back, neck, or shoulder pain. But it is also used by the people that are thriving on a sedentary work style.

Posture corrector products are used by the younger age group for improving and maintaining their posture and it also used by the old age group for avoiding the back pains.

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Posture Corrector Products Market: – Key Players

The key players in the posture corrector products are

• Lucky Clover
• VIBO Care
• Swedish Posture
• Upright Go
•  BackJoy
• BodyRite
• eDila
• Hexaforms
• Babaka
• Restore Health Solutions
• I&YBUY

Posture Corrector Products Market: – Impact Analysis of COVID-19 Pandemic

The world is struggling with the impact of the COVID-19 pandemic. As social distancing has become new normal with lockdowns and commute restriction coming into place, so work from home policies are adopted by companies in various sectors.

Due to this people are sitting for more hours in one place while doing work which is leading to conditions including discomfort, stiffness, muscle tension which is leading to a sedentary lifestyle, poor posture, chronic pain.

Prolonged sitting increases the pressure on the back muscles and spinal disc which leads to back pain. So to maintain and improve the posture people are using posture corrector products which are leading in increasing demand for the posture products.

Demand is increasing for products such as backrest, lumbar support backrest cushion, posture corrector chair that helps people to improve their posture and reduce chronic pain while working. So the posture corrector products market is witnessing high growth in 2020 and 2021 as well.

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Posture Corrector Products Market: – Market Dynamics

Posture Corrector products are used by sports players so that posture remains in shape and helps maintain their form. Posture corrector also helps in avoiding the risk of injuries while doing sports activities.

Posture corrector product helps to keep shoulder blades together and to keep the spine straight and also improves strength in hips, lower back, and pelvis. Players in the market offer different types of posture corrector products for different types of sports.

Posture corrector products such as posture reminder T-shirt helps sports player to keep their spine straight during running. Posture mini-gym products are used for strengthening the leg and back muscles which are important while doing horse riding.

Demand is increasing for Posture Corrector Chairs

The majority of the working population has a desk job, that puts people at risk of chronic pain, musculoskeletal injuries, and disorders that impact the long-term health and productivity of the employee.

To prevent chronic health issue, it is important to implement healthy workplace habits that improve posture at work so the demand is increasing for posture corrector chairs.

Posture corrector chairs come with in-built headrest and lumbar support for better spine alignment. Posture corrector chairs reduce the upper back and neck pain by 54% while improving the posture.

Posture corrector chairs provide supports to different parts of the body and help to prevent back pain. However, the demand is increasing for posture corrector chairs as it improves the posture of the person that is sitting extra time on for doing the work.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global Posture Corrector Products market.

The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with Posture Corrector Products market attractiveness as per segments.

The report on Posture Corrector Products market also maps the qualitative impact of various factors on Posture Corrector Products market segments and geographies.

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Posture Corrector Products Market: – Segmentation

Nowadays, the majority of pet owners are millennials who often spend more on quality products as well as services for the well-being of their pets, which has scaled up pet-related expenses. Today, people treat their pets as an important part of their families. This has contributed significantly to the growth of the pet gadgets market and will continue to contribute over the forecast period.

These products are used for the entertainment of pets and can be used in daily activity needs of pets. Toys and accessories can be conventional or high-tech gadgets. With the rise in adoption rate of pets, an increase in expenditure made by pet owners for the wellbeing of their pets have been observed. Thus, the growing per-capita expenditure on pet gadgets by owners is expected to drive the growth of the global pet gadgets market in the foreseeable future.

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Global Pet Gadgets Market: Market Dynamics

Pet humanization has resulted in people being more concerned about their pet’s health, routine, and lifestyle.

With their hectic lifestyles, it becomes difficult for pet owners to take care of their pets. This boosts the demand for pet gadgets  market and the use of technology has made it convenient for pet owners to interact and take care of their pets when they are not at their home.

The technological advancements have helped the pet gadgets industry to grow and will continue to contribute to the growth of the industry at a significant rate in the near future. Smart collars with an in-built GPS pet tracker and activity monitoring devices for dogs and other pets are another example of technological innovations that have changed the way pet owners are looking after their pets.

Trends for Pet Gadgets Market

Private label brands offer products that are manufactured by a third party but are sold under the retailer’s brand. The introduction of private label brands has always been a part of a growth strategy for retailers. This trend has also been observed in the pet gadgets market. Private label brands are growing in this sector at a much faster rate.

Existing retailers like Amazon are generating significant revenues through their newly introduced private labels. In 2016, the online retailer Amazon extended its private label brand portfolio in the pet category as well. The company markets dog gadgets under its brand name AmazonBasics.

Opportunities for Pet Gadgets Market

Companies focus on selling modern pet gadgets and toys to attract customers and to provide advanced pet fitness and health monitoring. The iFetch automatic ball launcher, Petcube Play Wi-Fi Pet Camera, and Self-cleaning litter box are some of the examples of high tech gadgets and accessories.

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Challenges for Pet Gadgets Market

In this present situation of the COVID-19 pandemic outbreak, sustaining business operations has become particularly difficult for Small and Medium Enterprises (SMEs). The crisis has already transformed into an economic and labor market shock impacting not only the production of pet gadgets but also its demand, initially in the Asia Pacific and then across the world.

The outbreak has thus pushed pet gadgets manufacturers to stop business till it gets recovered. Most of the government in many countries have ordered the shutdown hypermarket, supermarket, malls, etc. which will have a significant effect on target product’s sale of pet gadgets.

Global Pet Gadgets Market: Key Players

Some of the key players operating in the global pet gadgets market are

• Honest Pet Products LLC
• Cycle Dog
• Hyper-Pet LLC
• Simply Fido
• Homes for Pets
• Innovation Pet
• Outward Hound
• Bed Bath & Beyond Inc.
•  Pet Parent
• ThinkRace Technology
• Petco Animal Supplies Inc.
• PT Labs LLC
• Ancol Pet Products
• ABS Custom
• Beeztees.com
• Pet’s World.

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Global Pet Gadgets Market: Segmentation

The baby play mats are fabric mats used on house hold floors and gardens for babies to play. These mats are portable, easy to clean and carry that creates its demand in the market. Baby play mats market offers mats of different colours and figures of high contrast to attract babies.

Baby play mats provides with open space for baby to crawl and play that increases muscle strength. Baby play mats have a cushion and shaping capability providing comfort along with heat insulation and sound absorption.

Baby play mats market has experienced a less demand due to the impact of COVID 19. These changes were due to shutting down of many industries during lockdown which led to a halt in manufacturing activities.

Import and export activities of baby play mats were impacted due to restrictions laid on border trading activities within the countries affecting the supply chain. Pandemic also effected on sales of baby play mats due to decreased buying rates among customers.

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Baby Play Mats Market: Drivers and Restraints

Rise of birth rate globally is the key driving factor for the growth of baby play mats market. Change in lifestyle has led to less time for baby care that has eventually caused demand for different products that keeps baby engaged propelling the market growth.

With the increasing trend of playgroups, pre-primary schools and day care facilities for baby care has fuelled Baby Play Mats market growth. It is expected to have a significant increase in demand during the forecast period due to growing awareness about the necessity of physical movements in babies.

Competitive pricing is one of the restraining factors for baby play mats market. The threat of new entrants and local player are some factors that limit the Baby Play Mats market growth. Products with bad quality can cause skin rashes which creates concern among customers, hence challenging market growth.

On the other hand, with advancements in the online distribution channel, Baby Play Mats market growth will have significant growth in the coming decade.

Baby Play Mats Market: Overview

Whole piece mat holds the largest revenue share of the Baby Play Mats market due to its larger surface area as compared to slicing mats. Based on material type, expanded polyethylene foam is most preferred and due to its non-slippery, moisture-proof, safe, flexible and soft characteristics.

These mats are easy to fold and unfading double-sided print, hence generating the highest revenue for Baby Play Mats market.

Based on application, indoor Baby Play Mats market is expected to contribute the highest revenue in the global market. Household residential is the largest revenue-generating end-users followed by playschools and daycare for Baby Play Mats market.

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Baby Play Mats Market: Region-wise Outlook

Baby Play Mats market is dominated by North America followed by Europe due to a rise in working women population and increased manufacturing activities in the region.

North America and Europe also have a larger number of commercial establishments like daycare, childcare hospitals which contribute to revenue-generating for Baby Play Mats market.

Asia-Pacific baby plays mat market is expected to grow with high CAGR with increased population in the region. There has been increased product penetration and rise in manufacturing activities in the Asia-Pacific region that leads to Baby Play Mats market growth.

Baby Play Mats Market: Key Market Participants

Major players in Baby Play Mats market include –

• Alzipmat
• Disney
• Whiz Kid Promoters Private Limited
• Fisher-Price
• Goodbaby International Holding Limited
• DreamB
• Parklon
• Mambobaby
• Nantong Meitoku Plastic Co. Ltd.
• Uline
• Baby Box
• Meitoku
• Skip Hop
• Dwinguler
• Rubber Flooring Inc.
• Tiny Love Starts
• Soft Tiles
• Menard, Inc.
• BabyField, and others.

The research report on Baby Play Mats market presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.

It also contains projections using a suitable set of assumptions and methodologies. The research report on Baby Play Mats market provides analysis and information according to market segments such as geographies, application, and industry.

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Baby Play Mats Market: Segmentation

Global lactose demand is set to expand at nearly 4% in 2021, as burgeoning focus on health and wellness create substantial opportunities. While demand for powdered lactose will remain higher than granular lactose, the latter is set to grow at a higher rate. US will continue to be the largest market, however, lactose manufacturers can expect growing opportunities in Latin America and Asia Pacific. These insights are according to the latest edition of the study, conducted by ESOMAR-certified research and consulting firm, Future Market Insights (FMI).

Used as a filler or filler binder in the manufacturing of drugs and capsules, the pharmaceuticals domain has emerged as a lucrative application area for lactose-based products. Developing advanced manufacturing processes and technological innovations in industry to produce quality lactose that are consistently safe and effective has fuelled lactose production worldwide.

In recent years, hundreds of supply shortage incidences have been reported and hence leading to the expansion of advanced technology production facilities will accelerate production capacity and narrow down the supply-demand gap. The ongoing expansion of production facilities with advanced technology accelerates the consumption of lactose and is expected to lead to market growth across the globe.

Key Takeaways

Lactulose to emerge as the lucrative derivative type, accounting for nearly 30% sales

United States will continue to account for significant market share among all countries

Powdered form lactose will continue to outsell lactose in granule form

Food industry will be the mainstay for lactose demand, but opportunities in animal feed are growing

UK lactose to mimic broader consumer trends in Europe

Lactose market players in Japan and South Korea target novel applications

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“While food and beverage industry has accounted for bulk of the demand, market players are exploring applications in animal feed and personal care industry ” said a lead analyst at FMI

Competitive Landscape

Emerging nations represent an exceptional opportunity for the lactose industry. Players are making significant investments to penetrate the untapped markets through affordable offerings. Key stakeholders in the lactose market have commenced significant revamps to their strategies in emergent countries and purpose is to increase access to their products.

In recent years, lactose market has witnessed product launches with the development of lactose by key manufacturers in order to increase their market share globally. Companies are coming up with various lactose based ingredient and derivatives for application in various segments.

In 2015, Meggle one of key player of lactose, launched triple compound pharma grade lactose CombiLac®, specifically designed to ease oral solid dosage.

In 2019, Kerry announced to launch Aero Flo brand for inhalation lactose grade. Brand named Aero Flo® for inhalation grades of lactose have been explicitly developed for usage in dry powder inhalers for pulmonary delivery of pharmaceuticals.

Who is Winning?

Some of the key players operating in the lactose market are, Armor Pharma, Avantor, Inc., Ba’emek Advanced Technologies Ltd (Tnuva Group), BASF SE, Davisco Foods International, Inc., DFE Pharma (JV of Royal FrieslandCampina & Fonterra Ltd.), Hilmar Ingredients, Hoogwegt Groep B.V., Kerry plc., Lactose (India) Limited, Merck KgaA, Milei Gmbh, Molkerei MEGGLE Wasserburg GmbH & Co. KG and other players.

Key players are focusing on partnership in order to gain larger market share and to capture new geographical areas to get access to new markets.

In 2019 LBB Specialties announced that it has signed a strategic partnership deal with Meggle for the distribution of Meggle’s Pharmaceutical Lactose excipients, including lactose for inhalation formulations, in the United States.

In 2019, MEGGLE Excipients & Technology signed an agreement with Quadra Chemicals Ltd., a leading chemical and ingredient distributor, to represent its lactose excipient portfolio for the pharmaceutical and nutraceutical industries in Canada.

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Get Valuable Insights into Lactose Market

Future Market Insights, in its new report, presents an unbiased analysis of the global plant-based nuggets market, covering historical demand data and forecast figures for the period between 2020 and 2030. The study divulges compelling insights into growth witnessed in the market. Based on the Lactose Market on the basis of Form, has been classified into powder and granule. Based on end use, lactose market is segmented into food and beverage (bakery, confectionery and functional food), pharmaceutical, animal feed, cosmetics and personal care. In terms of derivatives Type, has been classified into Lactose Anhydrous, Lactose Monohydrate, Galactose, Lactulose, Lactitol, Other (tagatose, lactobionic acid). Regionally, the market covers North America, Latin America, Europe, East Asia, South Asia, Oceania, and Middle East & Africa.

Key Segment

Form

Powder

Granule

End Use

Food and Beverage

Bakery

Confectionery

Functional Food

Pharmaceutical

Animal Feed

Derivative Type

Lactose Monohydrate

Galactose

Lactulose

Lactitol

Other (tagatose, lactobionic acid)

Region

North America

Latin America

Europe

East Asia

South Asia

Middle East and Africa (MEA)

Oceania

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ESOMAR-certified firm Future Market Insights (FMI) has recently published an extensive coverage on the global shrink sleeve label applicator market.The study estimates the market to expand by 2% in 2021, with growing focus on food & beverage generating significant opportunities.

Furthermore, the pharmaceutical industry represents major expansion avenues, with prolific advancements witnessed in the generic drugs domain. Bulk of all generic drugs are produced in India, accounting for over a fifth of the global export volume. Consequently, shrink sleeve label applicator players are augmenting their footprint across the South Asian market.

Besides the widening prospects across the pharmaceuticals segment, opportunities also abound across the cosmetics & personal care domain, anticipated to create a significant boost through the upcoming forecast period. As per FMI’s projections, cosmetics and personal care applications generated over 10% of the revenue throughout 2020. Rising incidences of mislabeling and incorporation of undesirable ingredients are prompting government authorities to tighten cosmetic labeling standards so as to prevent any deleterious impacts on consumers upon usage. FMI anticipates the channel to chart a promising opportunities in the future.

Key Takeaways from the Shrink Sleeve Label Applicator Market Report

The shrink sleeve label applicator market is expected to grow at a CAGR of 4.4% from 2020-2030

The automatic applicators are expected to remain lucrative due to their easily operatable properties and time saving

The beverages industry will fuel demand for shrink sleeve labels owing to growing use in bottles and packaged drinks

South Asian countries will emerge as lucrative hubs for shrink sleeve label applicators through 2030

The high operational costs are expected to limit growth in the shrink sleeve label applicator market.

“Increasing demand for safe and durable labeling due to COVID-19 is expected to increase production of shrink sleeve label applicators in the market. Players are also putting efforts to develop cost efficient products,” says an analyst at FMI.

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Competitive Landscape

Increasing industrialization has fueled demand for packaging that has in turn increased the use of shrink sleeve label applicators in South Asia, allowing them to lead the market growth. Players are now focused on creating innovative equipments that improve effectiveness and are cost efficient.

In June 2017, Axon introduced a new shrink sleeve applicator that displays higher production and efficiency. It uses automation to increase the volume of production.

In January 2018, American Film and Machinery introduced shrink sleeve label applicator and LX-100 tamper band for low to moderate production rates.

Some of the key players in the shrink sleeve label applicator market are Pack Leader USA LLC, MPI Label Systems Inc., Shanghai Leadworld Machinery Technology Co. Ltd., Axon LLC, Quadrel Labeling Systems, Maurti Machines Pvt. Ltd. and Shanghai Keno Industrial Co. Ltd.

Valuable Insights into The Shrink Sleeve Label Applicator Market Report

Future Market Insights (FMI) has presented a detailed analysis on the shrink sleeve label applicator market along with an assessment for the years 2020-2030. In order to provide a better comprehension, the market is divided into various segments. On the basis of automation, the market is divided into semi-automatic and automatic. Based on the container diameter, the market is segregated into up to 50 mm, 50 to 100 mm, 100 mm to 150 mm and above 150 mm.

The market is segmented based on the labeling speed into up to 200 BPM, 200 BPM to 400 BPM, 400 BPM to 600 BPM and above 600 BPM. On the basis of end use industry, the market is divided into food, beverages, pharmaceutical, automotive, construction, chemical & fertilizers, cosmetics & personal care and other consumer goods. Based on the geography, the market is segregated into North America, Latin America, Europe, South Asia, East Asia, Oceania and Middle East & Africa.

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Key Segments

Automation

Semi-automatic

Automatic

Labelling Speed

Up to 200 BPM

200-400 BPM

400-600 BPM

Above 600 BPM

Container Diameter

Up to 50 mm

50 to 100 mm

100 to 150 mm

Above 150 mm

End-Use Industry

Food

Beverages

Pharmaceuticals

Automotive

Construction

Chemical & Fertilizers

Cosmetics & Personal Care

Other Consumer Goods

Region

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East & Africa

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Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by Future Market Insights concurs with positive consumer sentiment on plant-based butter, estimating market to grow nearly 7% y-o-y in 2021.

As per the Food Industry Association, around 30% of households are home to vegan, vegetarian, flexitarian, or pescatarian consumers. This trend is creating opportunities for growth for plant-based butter manufacturers. Demand for plant-based butter can also be attributed to the growing consumer preference for clean-label, natural foods, which is pushing dairy producers to develop and launch vegan alternatives.

Key Takeaways

Global plant-based butter market to exhibit CAGR exceeding 7.5% through 2030

Soy-milk based butter held nearly 40% share in 2020

Online retail distribution to register relatively faster growth, aided by benefits in terms of consumer engagement

US to remain the largest market, pegging North America to surpass US$ 200 Mn in 2020

“The plant-based butter market is a nascent phase and is being increasingly viewed as a high-potential product in the dairy alternative industry, as a healthy alternative to conventional fatty food products, which will aid growth in the market for the foreseeable future,” says a FMI analyst.

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Covid-19 Impact Analysis

The covid-19 pandemic has resulted in substantial changes in the dietary preferences of consumers around the world. Concerns over transmission of the virus through animal based products has aided the adoption of plant-based alternatives.

Also, plant-based butter can be sourced from oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk among others, allowing for a wider flavor range. While demand from the food service sector is likely to drop owing to lockdown restrictions, home consumption with sales through online sales is expected to rise.

The prospects of the plant-based butter market has widened since early 2020. As per the Good Food Institute, sales of plant-based foods surpassed that of animal based alternatives since the advent of the crisis, and will continue through the forecast period.

Who is Winning?

The plant-based butter market is competitive and characterized by the presence of small and mid-scale players. Leading manufacturers are effectively leveraging demand for natural, clean label products, with the aim of geographic expansion and widening product portfolios for long term growth.

Some of the leading players in the plant-based butter market include Conagra Brands Inc., Upfield Foods, Miyoko’s Creamery, Wayfare Food, Prosperity Organic Food Inc., Lyrical Foods Inc., Califia Farms, Premier Organics, Naturli Foods, Ekogram-the real food, Wildfriend Foods, The J.M. Smuker Co., The Leaviet Corp., Milkadamia, among others.

More Valuable Insights on Plant-based Butter Market

In its new report, Future Market Insights provides detailed analysis of the global plant-based butter market covering historical demand from 2015 – 2019 and forecast data for 2020 to 2030. The study assesses growth projections on the market on the basis of source (oat milk, rice milk, corn milk, soy milk, pea milk, almond milk, coconut milk, cashew milk, flax milk, and hemp milk) and distribution channel (B2B and B2C), across 4 prominent regions.

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Key Segments

Source

Oat Milk

Rice Milk

Corn Milk

Soy Milk

Pea Milk

Almond Milk

Coconut Milk

Cashew Milk

Flax Milk

Hemp Milk

Others

Distribution Channel

B2B

Hotels

Restaurants

Cafes

B2C

Hypermarket/Supermarket

Convenience Stores

Specialty Stores

Mom and Pop Stores

Discount Stores

Food & Drink Specialty Stores

Independent Small Groceries

Online Retail

Others

Region

North America (U.S. & Canada)

Latin America (Mexico & Rest of LATAM)

Europe, Middle East & Africa

Asia Pacific (Greater China, South East Asia, Japan, India, South Korea, Australia, New Zealand)

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Dacryocystitis refers to inflammation of nasolacrimal sac caused by obstruction within nasolacrimal duct and subsequent stagnation in the lacrimal sac. It occurs normally with high incidence rates and treatment choice depends on the indication of dacryocystitis. Oral antibiotics targeting gram positive organisms, particularly antistaphylococcal agents for less complicated cases. However, systemic antibiotics should be considered in most complicated cases. For recurring infections, surgical evaluation should be done by ophthalmologists. Probing can be done as first-line treatment in chronic cases. Infections mostly occur in infants and in adults over the age of 40.

Dacryocystitis Treatment Market: Drivers and Restraints

Dacryocystitis treatment market is expected to witness high growth owing to rise in prevalence of eye infections. Increasing clinical research and subsequent new product launches is expected to fuel growth of dacryocystitis treatment market. Scientific advancements in the developed economies is expected to fuel the market growth of dacryocystitis treatment market. However, low healthcare expenditure is expected to hamper the future of dacryocystitis treatment market in developing economies. Less patient awareness regarding various treatment procedures may hinder the growth of dacryocystitis treatment market.

Dacryocystitis Treatment Market: Overview

The global dacryocystitis treatment market is estimated to grow steady over forecast years owing to increasing number of surgical procedures associated with nasal and eye infections. In treatment type, antibiotics segment is expected to contribute major market share the global dacryocystitis treatment market owing to higher use of antibiotic eye drops in majority of cases. Recently in 2017, National Eye Institute has done a study on evaluation and treatment of patients with corneal and external diseases such as dacryocystitis.

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Dacryocystitis Treatment Market: Regional Outlook

The global dacryocystitis treatment market is expected to be dominated by North America due to high product adoption rate. Latin America dacryocystitis market is expected to flourish due to increasing healthcare spending. Europe is expected to be the second most growing region in the global dacryocystitis treatment market due to extensive clinical research and technical advancements. Increasing healthcare infrastructure in developing countries may contribute to the growth of Asia dacryocystitis treatment market. Middle East & Africa is expected to be the least lucrative region in the Dacryocystitis treatment market due to least product adoption rate and standard diagnosis.

Dacryocystitis Treatment Market: Key Players

The key players operating in the global dacryocystitis treatment market are: Pfizer Inc., Abbott Laboratories, Glaxosmithkline Plc, Mylan Inc., Cipla Limited, FCI Ophthalmics, Aurolab, Kaneka Corporation, Gunther Weiss Scientific Glass, Bess Medizintechnik GmbH, and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on Dacryocystitis Treatment Market:

Market Segments

Market Dynamics

Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies involved

Technology

Value Chain

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Report on Dacryocystitis Treatment Market includes regional analysis:

North America (U.S., Canada)

Latin America (Brazil, Mexico, Argentina)

Europe (Germany, Italy, France, U.K, Spain, Russia)

East Asia (China, Japan, South Korea)

South Asia (India, ASEAN)

Oceania (Australia, New Zealand)

Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The report on dacryocystitis treatment market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Dacryocystitis Treatment Market: Segmentation

The global dacryocystitis treatment market is segmented on the basis of Indication, Treatment, End user, and Region.

Based on indication, the global dacryocystitis treatment market is segmented as:

Acute

Chronic

Acquired

Congenital

Based on treatment type, the global dacryocystitis treatment market is segmented as:

Crigler Massages

Oral Antibiotics

Systemic Antibiotics

Surgery

Balloon Dacryoplasty

Nasolacrimal Intubation

Nasolacrimal Stents

Percutaneous Dacryocystorhinostomy Tubes

Endonasal Dacryocystorhinostomy Tubes

Based on sales channel, the global dacryocystitis treatment market is segmented as:

Institutional Sales

Hospitals

Ambulatory Surgical Centers

Eye Care Centers

Ophthalmology Clinics

Retail Sales

Hospital Pharmacies

Retail Pharmacies

Drug Stores

Online Pharmacies

Report on Dacryocystitis Treatment Market highlights:

Detailed overview of parent market

Changing market dynamics in the industry

In-depth market segmentation

Historical, current, and projected market size in terms of volume and value

Recent industry trends and developments

Competitive landscape

Strategies of key players and products offered

Potential and niche segments, geographical regions exhibiting promising growth

A neutral perspective on market performance

Must-have information for market players to sustain and enhance their market footprint

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